TQQQ

Leveraged ETF Strategy Tester A comprehensive backtesting tool for comparing three distinct leveraged ETF investment strategies with customizable parameters, visual indicators, and risk metrics. Features: Test three proven strategies side-by-side Fully customizable parameters via settings Visual buy signals color-coded by deployment tier ATH tracking and drawdown bands Monthly contribution support Sharpe and Sortino ratios for risk assessment Separate tables for statistics and strategy descriptions Strategy 1: Stars (Lee Ekholm) A rebalancing strategy that maintains a conservative 20% TQQQ / 80% SPY base allocation with an automatic risk-on mechanism during severe drawdowns. How it works: Annual rebalancing at 20/80 allocation When TQQQ drops 40%+, shifts to 40% TQQQ at next rebalance Skips rebalancing for 1 year after market bottoms Resets to base allocation after TQQQ recovers to new ATH Monthly contributions accumulate and deploy during rebalances Best for: Long-term investors seeking systematic exposure increase during crashes Strategy 2: BD Collins 80/20 DCA A four-tier dollar-cost averaging strategy that deploys cash more aggressively as drawdowns deepen, automatically buying more during corrections. How it works: Accumulates monthly contributions as cash reserves Deploys at quarterly intervals (customizable) 4 deployment tiers based on drawdown from ATH: 0-15%: Deploy 20% of cash 15-25%: Deploy 40% of cash 25-35%: Deploy 60% of cash 35%+: Deploy 80% of cash Best for: Investors wanting automated "buy the dip" behavior with increasing aggression Strategy 3: Henrique Centieiro's Strategy (1/3 Cash) A simplified three-tier approach with clear escalating deployment levels based on drawdown severity. How it works: Baseline: 20% deployment near ATH 20% drop: 33% deployment (1/3) 40% drop: 67% deployment (2/3) 60% drop: 100% deployment (full cash) Monthly contributions accumulate and deploy at chosen cadence Best for: Investors preferring a simpler, more aggressive deployment schedule with clear trigger points Color-Coded Buy Signals: Strategy 1: Aqua (normal) | Orange (40% trigger active) Strategy 2: Green (20%) | Yellow (40%) | Orange (60%) | Red (80%) Strategy 3: Green (20-33%) | Orange (67%) | Red (100%) Note: This indicator is for educational and backtesting purposes. Past performance does not guarantee future results. Leveraged ETFs carry significant risk and may not be suitable for all investors.

Indicator

by HenriqueCentieiro

Bull/Bear vs Base vs Index (% Change Spread)Visualizes the performance gap ("Beta Decay") between 3x Leveraged ETFs (SOXL/SOXS) and their underlying sector (SOXX), relative to the S&P 500 (SPY). This indicator is designed for traders who trade leveraged products (like SOXL/SOXS, TQQQ/SQQQ) and need to see true relative strength beyond simple price action. It calculates the percentage change over a user-defined lookback period for four instruments: Base (1x): The sector benchmark (Default: SOXX). Bull (3x): The leveraged long ETF (Default: SOXL). Bear (-3x): The leveraged inverse ETF (Default: SOXS). Index: The broad market zero-line (Default: SPY). It then plots the Spread to reveal the health of the trend: Bull Spread (Green Line): Bull % - Base % Bear Spread (Red Line): Bear % - Base % Base vs Index (Filled Area): Base % - SPY % 🧠 The Logic: Why Use Spreads? In a perfectly efficient trending market, a 3x Bull ETF should move exactly 300% of the underlying asset. However, in choppy or volatile markets, volatility decay (beta slippage) causes leveraged ETFs to underperform mathematically. Positive Spread: The leveraged ETF is successfully capturing momentum (The "Sweet Spot"). Negative Spread: The leveraged ETF is suffering from drag or the underlying asset is chopping. 📈 Recommended Trading Plan Note: This indicator works best as a filter for entry conditions, not a standalone signal. Always use proper risk management. Strategy A: The "Clean Trend" (Momentum) Goal: Enter a 3x position only when volatility drag is minimal. 1. Bull Signal: Condition 1: The Base vs Index (Area) is Green (Sector is outperforming SPY). Condition 2: The Bull Spread (Green Line) is Positive (> 0). Why: This confirms the sector is strong AND the 3x ETF is amplifying that move efficiently without decay eating the profits. 2. Bear Signal: Condition 1: The Base vs Index (Area) is Red (Sector is lagging SPY). Condition 2: The Bear Spread (Red Line) is Positive (> 0). Why: This confirms the sector is crashing and the Bear ETF is successfully capturing the downside momentum. Strategy B: The "Decay Avoidance" (Cash is King) Goal: Avoid leveraged funds during chop. Condition: If BOTH the Bull Spread and Bear Spread are Negative (< 0) (below the zero line). Action: Stay in Cash or trade the 1x underlying (SOXX) only. Why: When both spreads are negative, it mathematically proves that the market is too choppy for leverage. Both the Long and Short leveraged funds are losing value relative to the underlying asset. Features: Pine Script® v6: Updated for the latest engine performance and visuals. Dashboard Table: Real-time percentage spreads displayed directly on the chart (customizable position). Fully Customizable: Works on any sector (e.g., set inputs to QQQ/TQQQ/SQQQ for Tech). Disclaimer: Trading leveraged ETFs involves significant risk. This script is for educational purposes only.

Indicator

by heliav8r

TriautoETF(TQQQ) Short Strategy B1 ○ Objective. This is a strategy for the TQQQ NASDAQ:TQQQ short strategy in the TriAuto ETF . It is used as a hedging short rather than for profit-making purposes. Entry and close points are indicated. ○ Strategy The strategy is to hold a short position when the price falls below the moving average line, which is a market-conscious line that is rarely broken. The close (settlement) is determined by using the moving average. The moving average is based on the market-conscious QQQ NASDAQ:QQQ . This script is used on the daily chart of the TQQQ. It works as a hedge for long positions because open interest is held even at the major bottoms of the China and Corona shocks. The system is set up to quickly cut its losses even if the moving average is "tricked" into falling below the moving average.

Strategy

by BBcom